Jay Badame Joins Bravo Group Three Years After Termination From AECOM Tishman
Jay Badame is back in action three years after being forced out as president of AECOM Tishman, Commercial Observer has learned. The development executive who had a leading role in rebuilding the World...
View ArticleNadeem Meghji Exits Blackstone After Less Than a Year as Global Real Estate Head
Nadeem Meghji is departing from Blackstone less than a year after being named sole head of global head of real estate. Meghji’s exit from the investment leviathan follows an exodus of other executives,...
View Article10 Counties Hold 42% of U.S. Data Centers. Home Prices Rise Faster There.
A new report from the National Association of Realtors (NAR) has determined that only a few U.S. counties are home to the ongoing data center development boom, and that the construction of these...
View ArticleAI Real Estate Platform Orbital Leases 11K SF at 40 West 25th Street
An artificial intelligence platform used to aid real estate attorneys is relocating its Manhattan office just a few blocks north, Commercial Observer has learned. Orbital signed an 11,185-square-foot...
View ArticleDwight Refis L.A.-Area Apartments With $62M Loan
GR Properties USA has sealed $62 million of bridge debt to refinance a newly developed multifamily project in suburban Los Angeles, Commercial Observer has learned. Dwight Investment Management, an...
View ArticleSL Green Sells 110 Greene Street to Natora Group for $226M
SL Green Realty’s disposition strategy is now in full swing. New York City’s largest office real estate investment trust (REIT) announced Wednesday that it has sold 110 Greene Street — a 13-story,...
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Skip the Script — a Great Seller’s Broker Creates a Strategy Based on Market...
One of the biggest mistakes a broker can make when marketing an investment property for sale is prescribing the entire structured marketing process, including bid dates, number of bidding rounds, etc.,...
View ArticleCBRE Investment Management Acquires $1.6B Net-Lease Portfolio
CBRE Investment Management is placing a big bet on the net-lease business. CBRE Investment Management — the $155 billion global investment arm of CBRE — announced Wednesday that it acquired Tenet...
View ArticleMadison Realty Capital Lends $77M for Whole Foods-Anchored Texas Development
A joint venture between Trademark Property Company and Harrison Street Asset Management has sealed $77 million of construction financing to build a mixed-use development in the Dallas-Fort Worth region...
View ArticleLORE and Element Land $58M to Build Miami Condo
Lore Development Group and Element Development have nabbed a $58 million construction loan for a boutique condo project in Miami’s coveted Coconut Grove neighborhood. SME Capital provided the 30-month...
View ArticleHarrison Street Hires Dan Fanelli as Co-Head of U.S. Investment Solutions
Harrison Street Asset Management is appointing three new executives to lead its strategies in the U.S., Asia and Europe. Dan Fanelli will join the global investment management firm as managing director...
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Manhattan’s Supply of New Condos to Hit Highest Level Since 2014 This Fall:...
Pumpkin spice and everything nice, that’s what fall is all about. Unless you’re a condo developer in Manhattan. Then fall is all about getting busy — a lot more busy. The fourth quarter of 2026 is...
View ArticleHibachi Eatery Bijin Omakase Signs 5K-SF Lease in Long Island City
A hibachi restaurant is igniting the burner in Long Island City, Queens. Bijin Omakase signed a 15-year, 5,077-square-foot lease at the base of Trio, a nine-story, 34-unit residential development owned...
View ArticlePrime Finance Supplies $63M Refi for Chelsea Multifamily Portfolio
Slate Property Group has landed a $63 million loan to refinance three multifamily buildings in Manhattan’s Chelsea neighborhood, Commercial Observer has learned. Prime Finance provided the loan for...
View ArticleLaw Firm O’Melveny Renews 100K SF at 1625 Eye Street in D.C.
O’Melveny & Myers has signed a 15-year renewal for roughly 100,000 square feet at 1625 Eye Street NW in Washington, D.C., as the building’s new ownership group sets up a substantial renovation. The...
View ArticleLaw Firm Thompson Relocates to 4K SF at Cohen Brothers’ 622 Third Avenue
This law firm finds its new office very appealing. Thompson, a law firm that specializes in mergers and acquisitions, tax transactions, and intellectual property issues, is relocating its New York...
View ArticleFriedman’s Restaurant Ownership Buys Upper West Side Retail Space to Open New...
The ownership group behind famed New York City restaurants Friedman’s Restaurant and Pastrami Queen has acquired a retail co-op on Manhattan’s Upper West Side to open a new eatery, Commercial Observer...
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